$372.0bn
$XX.Xbn
1m
101k
$XX.Xbn
The Global Wine Manufacturing industry is projected to experience moderate growth as a result of disparate global trends. The industry's performance relies on consumer trends and, therefore, on variables affecting consumer decisions. Many countries traditionally associated with wine consumption have been consuming less wine, while countries traditionally associated with beer consumption have consumed more wine. As a result, global consumption has grown modestly in recent years. Growth in consumption levels in important markets, like the United States, has fueled a large share of the industry's expansion. Industry revenue has grown at a CAGR of 0.2% over the past five years and is expected to reach $372.0 billion in 2024. This includes forecast growth of 1.1% in 2024 alone.
Industry revenue has grown at a CAGR of 0.2 % over the past five years, to reach an estimated $372.0bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
LVMH Moet Hennessy Louis Vuitton SE | 7,481.3 | N/A | N/A | |
E & J Gallo Winery | 5,236.9 | N/A | N/A |
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Global Wine Manufacturing
Industry revenue is measured across several distinct product and services lines, including Red wine varietals, White wine varietals and Sparkling wine. Red wine varietals is the largest segment of the Global Wine Manufacturing.
Red wine varietals have historically represented the most significant segment
The Global Wine Manufacturing industry consists of companies engaged in at least one component of the winemaking process. Industry operators grow and harvest grapes, crush and press grape mixtures, ferment wine and eventually distribute wine for retail sale. The industry also manufactures wine and brandy from other fruit sources.
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Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Beer-drinking countries are increasingly consuming wine, while nations traditionally known for wine are drinking less of it. This shift indicates a changing landscape in glob...
Learn about an industry's products and services, markets and trends in international trade.
Red wines dominate global popularity, with Pinot Noir, Cabernet Sauvignon, Merlot, Zinfandel and Malbec being the most widely produced varieties. These types are favored for ...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Europe leads global wine production, with France, Italy and Spain as the top three producers. These countries dominate the industry and contribute significantly to the world'...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Consumer alcohol preferences are ever-shifting and vary across countries and regions. Wineries around the world compete fiercely with distilleries and breweries.
Learn about the performance of the top companies in the industry.
LVMH Moet Hennessy Louis Vuitton, the world's largest winemaker, produces luxury wines under renowned brands like Dom Perignon, Moet & Chandon and Veuve Clicquot. The company...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Similar to other alcohol products, wine production is highly regulated worldwide. Regulations vary considerably across individual countries, reflecting local laws and standar...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Profit has been undercut by new entrants. The introduction of wines from New World countries has hurt profit for traditional powerhouses across Europe.
Including values and annual change:
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The market size of the Global Wine Manufacturing industry in Global is $372.0bn in 2024.
There are 101k businesses in the Global Wine Manufacturing industry in Global, which has grown at a CAGR of 5.5 % between 2019 and 2024.
The market size of the Global Wine Manufacturing industry in Global has been growing at a CAGR of 0.2 % between 2019 and 2024.
Over the next five years, the Global Wine Manufacturing industry in Global is expected to grow.
The biggest companies operating in the Global Wine Manufacturing market in Global are LVMH Moet Hennessy Louis Vuitton SE and E & J Gallo Winery
Wine grape growing and Wine blending are part of the Global Wine Manufacturing industry.
The company holding the most market share in Global is LVMH Moet Hennessy Louis Vuitton SE.
The level of competition is high and increasing in the Global Wine Manufacturing industry in Global.